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Annuity & Life Re shareholders bring class action against KPMG

KPMG’s operations in Bermuda, the United States and the United Kingdom are defendants in a class action lawsuit filed by shareholders of financially troubled Annuity & Life Re (Holdings) Ltd., which it audited.
The complaint was filed by Communications Workers of America, and Midstream Investments Ltd. at the United States District Court for the District of Connecticut on October 23, 2003.